On 18 October 2017, BlueOrange became one of the partner banks at the Raisin deposit marketplace. Exercising its right to provide cross-border services, the Bank launches its activity within the largest country of the European Union, offering fast and convenient deposit services to private individuals in Germany and also in Austria. BlueOrange will offer 6, 12 and 24 month deposits with interest payable at maturity.
“This cooperation benefits all. We’ll increase our client base, while German and Austrian customers will be able to choose the best offer for their money,” comments BlueOrange Corporate Finance Director, Member of the Board Jānis Dubrovskis. “In addition, our services become more open and accessible to foreign clients, and we can attract stable deposits to scale up our lending,” Dubrovskis continues.
Raisin is the largest European platform for term deposits. It allows to compare deposit rates of different European banks in the deposit market and to invest in the most profitable one – all of it online, via one single sign-on.
BlueOrange, established in 2001 by Latvian entrepreneurs, is a bank for corporate and retail clients. Its core lines of business are Trade Finance, E-commerce, Retail Online Banking Solutions, and Wealth Management. BlueOrange clients live and work in 90 countries worldwide.
Information prepared by
BlueOrange Public Relations and Communication Department
pr@blueorangebank.com
www.blueorangebank.com
